Bioremediation is a scientific waste
management process that uses various, fungi, microorganisms, green plants and
their enzymes to reinstate the environment to its original state after removing
pollutants from a contaminated site. Bioremediation of water and soil, which is
polluted by oil and other industrial waste; is performed by a variety of
microorganisms that survive on hydrocarbons. Degradation of pollutants by
bacterial microorganisms breaks down the hazardous substances into less toxic
biodegradable substances. However, not all pollutants and contaminants are
treated by bioremediation using microorganisms. For example, metals such as
lead and cadmium are not easily captured or absorbed by microorganisms.
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Some of the bioremediation
technologies usually used for reinstating and de-contamination the environment
are as follows:
- Biostimulation
- Bioaugmentation
- Air Sparging
- Bioventing
- Bioslurping
- Fungal Remediation
- Phytoremediation
- Nitroaromatics
Various bioremediation services used
for restoring our environment are as follows:
- Sample collection and analysis
- Manufacture of site-specific bioremediation products
- Design of optimized bioremediation program
- Characterization and spill evaluation of environmental
parameters
- Report results
- Field services
In the geographical analysis, North
America closely followed by Europe is the largest market for bioremediation
technologies and services owing to the stringent environmental protection
policies and regulations as well as oil spill accidents. For instance, a recent
oil spill accident happened in the city of Los Angeles witnessed an oil spill
of nearly 50,000 gallons which had ultimately contaminated the soil. These
industrial hazards, which occur frequently across the globe, are expected to
propel the sales of bioremediation technologies and services in these regions. Moreover,
strict orders and policies from environmental protection agencies and groups
are also compelling various industrial units to treat their waste products
before releasing it in the environment. However, other regions such as South
East Asia, Latin America and Middle East are expected to be the potential
markets in the near future. Due to the increase in industrial plants and
stringent environment safety concerns, these regions are expected to be the
potential markets in the near future.
The overall bioremediation
technologies and services market is expected to witness an admirable growth due
to the increasing awareness for environmental safety and protection. Moreover,
stringent government regulations and policies for environmental restoration
initiatives is further fuelling the popularity of biotechnology based
bioremediation technologies and services globally. Furthermore, novel
bioremediation technologies such as bioaugmentation and biostimulation are
gaining wide acceptance and interest due to their enhanced environmental
restoration capabilities. These technologies use nutrient additives and
external microbial agents for remediation of huge amounts of
hydrocarbon-contaminated liquids and soil. Additionally, potential
technological breakthroughs will generate abundant opportunities for
bioremediation technologies and services.
Other factors such as frequent oil
spills in oceans from oil tankers are compelling oil and gas companies to adopt
bioremediation technologies as well as services to restore the environment to
its original state. However, high development cost and low adoption rate among
population are some of the market-restraining factors that might hinder the
growth of the overall bioremediation technologies and services market.
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At present, the bioremediation
technologies and services market is highly fragmented owing to the involvement
of many established and emerging players in this industry. However, the key
players involved with the development of bioremediation technologies and
services are ABB Environmental Services, Inc., Altogen Labs, Bioremediation
Service, Inc., Dow Chemical Company, EG&G, Inc., E. I. du Pont de Nemours
and Company, Envirogen Technologies, General Electric and Sevenson
Environmental Services, Inc.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
· North America
· Asia Pacific
· Europe
· Rest of the World
This report provides comprehensive
analysis of
· Market growth drivers
· Factors limiting market growth
· Current market trends
· Market structure
· Market projections for upcoming
years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
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